A crumbling stock market could create profitable opportunities for Bitcoin traders
Some of the biggest companies in the world are expected to report their 2Q earnings in October, including electric automaker Tesla on Oct. 18, tech...
Tag : cryptocurrency news
Cathie Wood’s ARK Invest to offer crypto strategies to investment advisors
Cathie Wood’s investment firm, ARK Investment, is making its two actively managed crypto strategies available to registered investment advisors. The strategies will be available as...
Upside capped at $980B total crypto market, according to derivatives metrics
It is becoming increasingly challenging to support a bullish short-term view for cryptocurrencies as the total crypto market capitalization has been below $1.4 trillion for...
Bitcoin price sets October high with $20K in reach as US stocks rally
Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened. BTC/USD 1-hour candle chart (Bitstamp). Source:...
NYDIG raises $720M as Bitcoin balance hits all-time high
The bear market has not deterred one of the biggest Bitcoin (BTC) bulls. The balances of the New York Digital Investment Group, or NYDIG, hit...
Ether staking is too difficult, community members claim
After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some...
Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says
The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long-term...
Ethereum Merge spikes block creation with a faster average block time
The Merge upgrade for Ethereum, which primarily sought to transition the blockchain into a proof-of-stake (PoS) consensus mechanism, has been revealed to have had a...
Bitcoin price starts ‘Uptober’ down 0.7% amid hope for final $20K push
Bitcoin (BTC) failed to hold $20,000 into the September monthly close as one trader eyed a final comeback before fresh downside. BTC/USD 1-hour candle chart...
Transit Swap loses over $21M due to code bug exploit, issues apology
Transit Swap, a multichain decentralized exchange aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract. Following the revelation, Transit...
Putin gives Snowden citizenship, Interpol elicits help in Do Kwon search and FTX US buys Voyager: Hodler’s Digest, Sept. 25-Oct. 1
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
What is the economic impact of cryptocurrencies?
Although the cryptocurrency market appears to grow in a positive feedback loop, that does not mean that (un)expected events may not impact the trajectory of...
What is wrapped Ethereum (wETH) and how does it work?
Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize it....
Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO
Disclaimer: This article has been updated to reflect Nexo’s response stating that the fund transfer represents an operational transfer, involving the move of funds from...
Net Bitcoin ATMs growth drops globally for the first time ever
The domino effect of a prolonged bear market seeped into the Bitcoin (BTC) ATM ecosystem as September 2022 recorded negative growth in global net installations...
So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention
For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround. ...
Bitcoin 2021 bull market buyers ‘capitulate’ as data shows 50% losses
Bitcoin’s (BTC) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals. In one of its...
Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
The United States equities markets have been under a firm bear grip for a large part of the year. The S&P 500 and the Nasdaq...
MicroStrategy takes its BTC maximalism to the next level with new engineer hire
MicroStrategy, the business intelligence and tech company that holds the world’s largest Bitcoin (BTC) reserve, is hiring a Bitcoin Lightning software engineer to create a...
Bitcoin surges above $20K after 6% BTC rally gains steam ahead of the monthly close
Bitcoin (BTC) swiftly climbed above $20,000 after the Sept. 30 Wall Street open as end-of-month volatility began. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin...
Mainstream media sentiment shifts in favor of Bitcoin amid fiat currency woes
Despite USD bringing an onslaught to stocks, commodities and its rival currencies, Bitcoin (BTC) holds steady at the $19,000 to $20,000 mark, leaving mainstream media...
DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report
Major decentralized exchange (DEX) Uniswap (UNI) is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to...
Bitcoin sees first difficulty drop in 2 months as miners sell 8K BTC
Bitcoin (BTC) miners remain under stress at current price levels as data shows large outflows from miner wallets returning. According to on-chain analytics firm Glassnode,...
Bitcoin profitability for long-term holders declines to 4-year low: Data
Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December 2018. According to data shared by crypto analytic...
Bitcoin price due ‘big dump’ after passing $20K, warns trader
Bitcoin (BTC) returned to intraday resistance on Sept. 30 as analysis predicted that $20,000 could break before a new comedown. BTC/USD 1-hour candle chart (Bitstamp)....
45% of ETH validators now complying with US sanctions — Labrys CEO
According to the CEO of blockchain development agency Labrys, Lachan Feeney, approximately 45% of all Ethereum blocks currently being validated run MEV-boost relay flashbots and...
Market manipulation claims will be hardest ‘nut to crack’ in Bitcoin ETF approval — WisdomTree
Will Peck, the head of digital assets at exchange-traded fund provider WisdomTree said regulators in the United States will “ultimately get there” on approving a...
Why this UK territory is adopting the Bitcoin Lightning Network
Cointelegraph reporter Joe Hall visited Gibraltar to explore Bitcoin (BTC) adoption on “The Rock,” as the peninsula is known locally, and how the adoption of...
Pro traders don’t expect Bitcoin to break and hold $20,000 anytime soon
One hundred and eleven days have passed since Bitcoin (BTC) posted a close above $25,000 and this led some investors to feel less sure that...
US Treasury yields are soaring, but what does it mean for markets and crypto?
Across all tradeable markets and currencies, U.S. Treasurys — government bonds — have significant influence. In finance, any risk measurement is relative, meaning, if one...
Bitcoin price slips under $19K as official data confirms US recession
Bitcoin (BTC) wobbled in its narrow trading range at the Sept. 29 Wall Street open as official data put the United States economy in recession. ...
Ethereum Merge was ‘executed flawlessly,’ says Starkware co-founder
As the dust settled over the Ethereum network’s highly-anticipated transition to proof-of-stake (PoS), Eli Ben-Sasson, the co-founder of Starkware, gave his thoughts on its execution...
Institutional appetite continues to grow amid bear market — BitMEX CEO
In a recent interview, BitMEX CEO Alexander Höptner shared his thoughts about institutional investors who, in his view, still have an appetite for crypto and...
Price analysis 9/28: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
The S&P 500 fell for six days in a row and made a new year-to-date low on Sept. 27, but Bitcoin (BTC) maintained its outperformance...
Bitcoin price charges higher, but whales line up to sell BTC at $20K
Bitcoin (BTC) staged a welcome comeback after the Sept. 28 Wall Street open as bulls faced off with whale-sized sellers. BTC/USD 1-hour candle chart (Bitstamp)....
Bitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches
This week, the $20,000 resistance is proving to be stronger than expected and even after Bitcoin (BTC) price rejected this level on Sept. 27, BTC...
Bitcoin ‘great detox’ could trigger a BTC price drop to $12K: Research
Bitcoin (BTC) is in a “dire condition” when it comes to adoption — but a silver lining is already visible, new research says. In the...
Are decentralized digital identities the future or just a niche use case?
As users take advantage of online services and explore the internet, they eventually create a digital identity. This type of identity is then tied to...
Next Bitcoin bull run to be half story, half utility — Mike Novogratz at Token2049
The next Bitcoin (BTC) bull run will have to be much different from historical cryptocurrency rallies in terms of story and utility, Galaxy Digital CEO...
Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway
Pantera CEO Dan Morehead highlighted the potential growth and value of decentralized finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and metaverse applications in his opening...
Anonymous makes numerous allegations against Yuga Labs and its Bored Ape Yacht Club
On Sept 26, internet hacktivist group Anonymous released a video addressing blockchain technology company Yuga Labs and its NFT-driven social club, Bored Ape Yacht Club...
Tax on income you never earned? It’s possible after Ethereum’s Merge
After much buildup and preparation, the Ethereum Merge went smoothly this month. The next test will come during tax season. Cryptocurrency forks, such as Bitcoin...
Bitcoin price fails to hold $20K again, but there is a silver lining
Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term...
Bitcoin price loses $20K as trader warns US dollar ‘not quite topped out’
Bitcoin (BTC) crossed under $20,000 after the Sept. 27 Wall Street open as United States equities inched higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...
The British pound collapse and its impact on cryptocurrency: Watch the Market Report
On this week’s The Market Report show, Cointelegraph’s resident experts discuss why the British pound is at its all-time low and how that might impact...
Bitcoin, British pound trading volume soars 1,150% as UK’s currency risks dollar parity
Bitcoin (BTC) will see increased interest from the United Kingdom “very quickly” as fiat currency volatility makes BTC look like a stablecoin. That was the...
Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
South Korean authorities have requested crypto exchange OKX and Kucoin to freeze 3,313 Bitcoin (BTC) reportedly tied to Do Kwon, the co-founder of Terra blockchain...
The path moving forward for ex-Ethereum miners remains unclear
It’s been nearly two weeks since Ethereum made its historic transition from proof-of-work to proof-of-stake, and some ex-ETH miners say they remain clueless on how...
7 Ethereum developers would like to sell you on the Merge
Since the founding of Ethereum in 2015, an animating question that plagued the community was answered at exactly 06:42:59 UTC on Thursday, Sept. 15, 2022....
What will happen to Bitcoin and Ethereum if traditional markets break?
Michael J. Burry, the financial wizard who was portrayed in the movie “The Big Short”, is known for predicting crises. For instance, his investment fund...
Price analysis 9/26: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
The United Kingdom is in focus following the British pound’s fall to a new all-time low against the United States dollar. The sell-off was triggered...
Is it Bitcoin’s time to shine? British pound drops to all-time low against the dollar
On Sept. 26, the British pound hit a record low against the U.S. dollar following the announcement of tax cuts and further debt increases to...
Traders brace for Bitcoin price volatility as DXY 2022 gains near 20%
Bitcoin (BTC) volatility edged higher during Sept. 26 as the Wall Street open avoided significant losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Monthly close...
5 years of the ‘Top 10 Cryptos’ experiment and the lessons learned
When Redditor Joe Greene started the Top 10 Cryptos experiment in 2018, he bought $1,000 of Dash, NEM and Iota, among others, only to watch...
Charles Hoskinson and Ethereum dev get into a war of words post-Vasil upgrade
Charles Hoskinson, founder of Cardano and co-founder of Ethereum, got into a war of words with Ethereum developers on the implementation of the proof-of-stake (PoS)...
China GPU prices drop to new lows after the Ethereum Merge
As the Ethereum network’s move to a proof-of-stake (PoS) consensus mechanism drives adoption from institutional investors, the prices for graphics processing units (GPUs), often used...
Reversible transactions could mitigate crypto theft — Researchers
Stanford University researchers have come up with a prototype for “reversible transactions” on Ethereum, arguing it could be a solution to reduce the impact of...
5 altcoins that could turn bullish if Bitcoin price stabilizes
The major United States stock market indices continued their decline last week as worsening macroeconomic conditions increased concerns of a global recession. The Dow Jones...
Is post-Merge Ethereum PoS a threat to Bitcoin’s dominance?
While Ethereum (ETH) fans are enthusiastic about the successful Merge, Swan Bitcoin CEO Cory Klippsten believes the upgrade will lead Ethereum into a “slow slide...
Post-Merge ETH has become obsolete
For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as...
The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?
Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a...
Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler’s Digest, Sept. 18-24
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
What is a cryptocurrency mining pool?
In the early days of Bitcoin (BTC), crypto enthusiasts only required a basic personal computer with an internet connection to generate new BTC tokens through...
MEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot
MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds...
Bitcoin was almost named Netcoin by Satoshi Nakamoto, hints domain data
Coming up with a good name is often one of the most challenging decisions one needs to make when launching a new service or business....
Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
The S&P 500 index has declined about 5% this week while the Nasdaq Composite is down more than 5.5%. Investors fear that the Federal Reserve’s...
Why is the crypto market down today?
Crypto prices keep falling, but why? This year’s market crash has turned most winning portfolios into net losers, and new investors are probably losing hope...
El Salvador’s Bitcoin decision: Tracking adoption a year later
El Salvador, the small Central American nation that made history just over a year ago when it made Bitcoin (BTC), recently marked its first year...
Is the bottom in? Crypto community shares their thoughts
Buying the dip instantly becomes a nightmare when crypto prices go down even further as the bear market continues its onset. However, recent dips show...
GitHub unbans Tornado Cash repositories following OFAC guidance
Crypto mixer Tornado Cash has returned to the software development platform GitHub after several weeks of being banned on the website. Ethereum developer Preston Van...
BTC mining firm Compute North files for bankruptcy
Bitcoin (BTC) mining hosting firm Compute North has filed for Chapter 11 bankruptcy amid growing pressure on the firm due to the effects of crypto...
Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more
Bitcoin’s (BTC) and Ether’s (ETH) agonizing 60% and 66% respective drops in price are drawing a lot of criticism from crypto critics and perhaps this...
Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike
Cryptocurrencies have been in a bear trend since mid-August after they failed to break above the $1.2 trillion market capitalization resistance. Even with the current...
Fed interest rate hike rattles the crypto market: Dig deeper with Market Talks
In this week’s episode of Market Talks, we welcome Yashu Gola, a Mumbai-based financial analyst and technology journalist at Cointelegraph with a strong focus on...
This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’
A Bitcoin (BTC) on-chain indicator, which tracks the amount of coin supply held by long-term holders (LTHs) in losses, is signaling that a market bottom...
Ethereum post-Merge hard forks are here: Now what?
On the first day after the Merge, the decentralized finance (DeFi) community is settling into the seemingly uneventful transition of the Ethereum network from proof-of-work...
Toss in your job and make $300K working for a DAO? Here’s how
Increasing numbers of employees are quitting 9–5 corporate jobs to work for DAOs. While the money’s great, DAOs fall into a legal gray area, and...
How to stake Fantom (FTM)?
Fantom (FTM) is known for its speed and inexpensive layer-1 blockchain. Like other blockchains (for example, Solana (SOL) and Avalanche (AVAX)) that scale better than...
How Bitcoin ATMs in Greece fare during a record-breaking tourist season
Greece is globally recognized for its touristic lures of idyllic beaches and a laid-back lifestyle. Prior to the outbreak of the global pandemic, the World...
JPMorgan CEO calls crypto ‘decentralized Ponzi schemes’
While testifying before United States lawmakers, JPMorgan Chase CEO Jamie Dimon referred to himself as a “major skeptic” on “crypto tokens, which you call currency,...
Price analysis 9/21: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
The Federal Reserve hiked rates by 75 basis points on Sept. 21 and Fed Chair Jerome Powell projected another 125 basis points increase before the...
Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%
Bitcoin (BTC) retreated and reversed its intraday gains after the Federal Reserve announced its third consecutive 75 basis point (bps) interest rate rise on Sept....
Raise a glass to Satoshi’s Place: the challenge of running Bitcoin businesses
A Bitcoin (BTC) hub in Greater Manchester opened on Sept. 16, where everything–absolutely everything is Bitcoin themed or oriented. Cointelegraph took a trip to the...
The impact of the Wintermute hack could have been worse than 3AC, Voyager and Celsius — Here is why
Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the...
Are noncustodial crypto wallets a practical option for the everyday hodler?
As crypto ownership becomes more and more common, holders will need to think about how they protect and hold their assets. The safest option is...
Bitcoin ‘nuke’ warning as Fed rate hike decision looms — Dollar index hits 20-year high
Bitcoin (BTC) underwent a weak rebound on Sept. 21, and the U.S. dollar jumped to a new yearly high as investors await Sept. 21’s Federal...
Digital bank FV Bank integrates USDC stablecoin for direct deposits
The global digital bank FV Bank is the latest financial platform to enable deposits in Circle-backed stablecoin USD Coin (USDC). FV Bank on Wednesday announced...
Sharding could resolve Ethereum scalability trilemma, says researcher
After a successful Ethereum Merge, all eyes are set on the next phase of transition, which would introduce key scalability solutions on the platform, including sharding. Market...
Ethereum co-founder Vitalik Buterin defends DAOs against critics
Ethereum co-founder Vitalik Buterin has reiterated his support for decentralized autonomous organizations (DAOs), arguing that in some circumstances, they can be more efficient and fairer...
‘Fear of the unknown’ holds back tradfi investors from crypto — Bloomberg analyst
Jamie Coutts, Crypto Market Analyst for Bloomberg Intelligence argues that “falsehoods” and “fear of the unknown” is what has been holding back traditional portfolio managers...
Crypto and stocks soften ahead of Fed rate hike, but XRP, ALGO and LDO look ‘interesting’
Prices remain soft across the market as traders await Federal Reserve Chair Jerome Powell’s statement on the size of the next interest rate hike. At...
Staking providers could expand institutional presence in the crypto space: Report
The Ethereum blockchain’s carbon footprint is expected to reduce by 99% following last week’s Merge event. By positioning staking as a service for retail and...
Crypto market dumps after Ethereum Merge, why? Watch The Market Report
On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum Merge and why the bears...
Ethereum miners dump 30K ETH, stonewalling ‘ultra sound money’ deflation narrative
Ethereum’s switch to proof-of-stake (PoS) on Sept. 15 failed to extend Ether’s (ETH) upside momentum as ETH miners added sell pressure to the market. On...
Saving the planet could be blockchain’s killer app
The sustainability movement has emerged as a 21st century megatrend, and it shows no signs of abating. Record heat in Europe, wildfires in the U.S....
Michael Saylor can’t stop: MicroStrategy now holds 130,000 Bitcoin
MicroStrategy now owns 0.62% of all the Bitcoin (BTC) that will ever be mined. The company’s executive chairman, Michael Saylor, announced that the company bought...
Bitcoin still dominates total payments on BitPay despite the bear market
The cryptocurrency bear market has had an impact on how people pay with crypto, but Bitcoin (BTC) remains a major payment tool despite huge volatility,...